In the Last Nifty Intraday Technical Analysis, we discussed. Bulls are in a strong position, and we can see more upside in the upcoming sessions, and from a short-term perspective, 11700-11800 range is strong support. So bears will get active below this range only.
Yesterday was like consolidation day, Nifty made the low near 11864 levels.
Earlier 11870 area in Nifty was acting as Resistance on closing basis.
Nifty minor resistance area analysis continues...
The view is still the same, chances of further upside in Nifty are more.
But there is minor Resistance area for Nifty bulls in the 12010-12020 range, trading above it will add new positiveness in the probability of upside.
Critical Support for today in Intraday is at 11900/11860/11750 & Nifty Resistance is at 11976/12020/12120.
Note: Above mention price projection & other Information are for educational purpose only.
Nifty Short-term Trading View After 1000 Points Fall
After 1000 points, correction bulls got the support near august month low. But the road ahead for bulls stands still hard. There are a few critical
Nifty Bank Nifty Weekly Forecast 28 Sep-01 Oct
The ice melting move of last week pushes the Index towards one month lower levels. Nifty Breaks The Last 11185 Swing Low and ended the week
Nifty Breaks The Last 11185 Swing Low
The volatility stands high. During such times you should remain extra cautious before making the trade. The chance for lower levels are high. Till Nifty 50 Index holds